President Trump promises a great trade deal with China as Americans mull over mid-term elections.

Laura Hermes

2018-11-13 12:30:00 Tue ET

President Trump promises a great trade deal with China as Americans mull over mid-term elections. President Trump wants to reach a trade accord with Chinese President Xi Jin-Ping at the G20 summit in Argentina later in November 2018. Also, President Trump asks key Cabinet secretaries to draft a potential trade deal to halt escalating the current trade conflict with the Chinese Xi administration. If President Trump can achieve an accord on trade with President Xi, the Trump administration would refrain from imposing tariffs and other economic sanctions on another $267 billion Chinese imports. These economic sanctions focus on the perennial shady Chinese practices of intellectual property theft. These shady practices often entail requiring foreign companies to establish data centers and IT theme parks in China such that both proprietary data and techniques transfer to Chinese tech firms.

Several e-commerce giants such as Amazon and Alibaba express grave concerns about U.S. domestic job creation in the wake of tariffs, quotas, and other retaliatory trade barriers. For instance, Alibaba executive vice chairman Joe Tsai reiterates that his boss Jack Ma has promised the creation of 1 million small business jobs on the premise of few Sino-U.S. trade barriers. His conservative tone departs from the previous promise by Alibaba executive chairman Jack Ma (who now withdraws his earlier claim of ubiquitous U.S. job creation in a low-key fashion).

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
House Judiciary Committee summons senior executive reps of the tech titans to assess online platforms and their market power.
Peter Prince

2019-08-18 11:33:00 Sunday ET

House Judiciary Committee summons senior executive reps of the tech titans to assess online platforms and their market power.

House Judiciary Committee summons senior executive reps of the tech titans to assess online platforms and their market power. These companies are Facebook,

+See More
Fed Chair Janet Yellen confirms with her successor Jerome Powell the final interest rate hike in December 2017.
Joseph Corr

2017-12-14 12:41:00 Thursday ET

Fed Chair Janet Yellen confirms with her successor Jerome Powell the final interest rate hike in December 2017.

Federal Reserve raises the interest rate by 25 basis points to the target range of 1.25% to 1.5% as FOMC members revise up their GDP estimate from 2% to 2.5

+See More
Apple and Samsung are the archrivals for the title of the world's top smart phone maker.
Olivia London

2018-06-25 12:43:00 Monday ET

Apple and Samsung are the archrivals for the title of the world's top smart phone maker.

Apple and Samsung are the archrivals for the title of the world's top smart phone maker. The recent patent lawsuit settlement between Apple and Samsung

+See More
The top Sino-U.S. tech titans now reach the trademark total market capitalization of $4 trillion as of July 2018.
Fiona Sydney

2018-07-07 10:33:00 Saturday ET

The top Sino-U.S. tech titans now reach the trademark total market capitalization of $4 trillion as of July 2018.

The east-west tech rivalry intensifies between BATs (Baidu, Alibaba, and Tencent) and FAANGs (Facebook, Apple, Amazon, Netflix, and Google). These Sino-U.S.

+See More
China turns on its 5G telecom networks in the hot pursuit of global tech supremacy.
Becky Berkman

2019-12-07 11:30:00 Saturday ET

China turns on its 5G telecom networks in the hot pursuit of global tech supremacy.

China turns on its 5G telecom networks in the hot pursuit of global tech supremacy. China Telecom, China Unicom, and China Mobile disclose 5G fees of $18-$2

+See More
U.K. prime minister Boris Johnson encounters Brexit defeat during his new premiership.
Chanel Holden

2019-10-15 09:13:00 Tuesday ET

U.K. prime minister Boris Johnson encounters Brexit defeat during his new premiership.

U.K. prime minister Boris Johnson encounters defeat during his new premiership. The first major vote would pave the path of least resistance to passing a no

+See More